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NOTE 13 - SEGMENTS (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
NOTE 13 - SEGMENT - Schedule of Operating Activities by Geographic Segment | Three months ended September 30, 2023 NOTE 13 - SEGMENT - Schedule of Operating Activities by Geographic Segment
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 39,390,527 |  |  |  | 1,498,054 |  |  | $ | (1,131,378 | ) |  | $ | 39,757,203 |
Cost of revenue |  |  | 38,593,585 |  |  |  | 1,266,475 |  |  |  | (1,131,378 | ) |  |  | 38,728,682 |
Gross profit |  |  | 796,942 |  |  |  | 231,579 |  |  |  | — |  |  |  | 1,028,521 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 770,467 |  |  |  | 187,301 |  |  |  | — |  |  |  | 957,768 |
Operating income |  |  | 26,475 |  |  |  | 44,278 |  |  |  | — |  |  |  | 70,753 |
Other expense |  |  | (23,893 | ) |  |  | (951 | ) |  |  | — |  |  |  | (24,844 | )
Net income |  | $ | 2,582 |  |  | $ | 43,327 |  |  | $ | — |  |  | $ | 45,909 |
Three months ended September 30, 2022
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 22,364,201 |  |  |  | 1,291,688 |  |  | $ | (1,719,255 | ) |  | $ | 21,936,634 |
Cost of revenue |  |  | 21,226,541 |  |  |  | 1,114,388 |  |  |  | (1,719,255 | ) |  |  | 20,621,674 |
Gross profit |  |  | 1,137,660 |  |  |  | 177,300 |  |  |  | — |  |  |  | 1,314,960 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 1,089,194 |  |  |  | 166,953 |  |  |  | — |  |  |  | 1,256,147 |
Operating income |  |  | 48,466 |  |  |  | 10,347 |  |  |  | — |  |  |  | 58,813 |
Other expense |  |  | (29,411 | ) |  |  | (2,090 | ) |  |  | — |  |  |  | (31,501 | )
Net income |  | $ | 19,055 |  |  | $ | 8,257 |  |  | $ | — |  |  | $ | 27,312 |
Nine months ended September 30, 2023
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 97,198,336 |  |  |  | 4,179,569 |  |  | $ | (4,129,344 | ) |  | $ | 97,248,561 |
Cost of revenue |  |  | 94,779,408 |  |  |  | 3,568,774 |  |  |  | (4,129,344 | ) |  |  | 94,218,838 |
Gross profit |  |  | 2,418,928 |  |  |  | 610,795 |  |  |  | — |  |  |  | 3,029,723 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 2,966,908 |  |  |  | 562,310 |  |  |  | — |  |  |  | 3,529,218 |
Operating income (loss) |  |  | (547,980 | ) |  |  | 48,485 |  |  |  | — |  |  |  | (499,495 | )
Other income (expense) |  |  | 249,286 |  |  |  | (24,348 | ) |  |  | — |  |  |  | 224,938 |
Net income (loss) |  | $ | (298,694 | ) |  | $ | 24,137 |  |  | $ | — |  |  | $ | (274,557 | )
Nine months ended September 30, 2022
|  | USA |  | Switzerland |  | Elimination |  | Total
Revenues |  | $ | 63,898,961 |  |  |  | 3,554,591 |  |  | $ | (2,397,891 | ) |  | $ | 65,055,661 |
Cost of revenue |  |  | 61,838,539 |  |  |  | 2,969,719 |  |  |  | (2,397,891 | ) |  |  | 62,410,367 |
Gross profit |  |  | 2,060,422 |  |  |  | 584,872 |  |  |  | — |  |  |  | 2,645,294 |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administration |  |  | 2,792,287 |  |  |  | 597,810 |  |  |  | — |  |  |  | 3,390,097 |
Operating loss |  |  | (731,865 | ) |  |  | (12,938 | ) |  |  | — |  |  |  | (744,803 | )
Other income (expense) |  |  | (45,938 | ) |  |  | 7,865 |  |  |  | — |  |  |  | (38,073 | )
Net loss |  | $ | (777,803 | ) |  | $ | (5,073 | ) |  | $ | — |  |  | $ | (782,876 | )
Asset Information The following table shows asset information by geographic segment as of September 30, 2023 and December 31, 2022:
September 30, 2023 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 10,859,240 |  |  | $ | 1,693,166 |  |  | $ | (764,212 | ) |  | $ | 11,788,194 |
Non-current assets |  | $ | 11,757,803 |  |  | $ | 762,425 |  |  | $ | (6,184,562 | ) |  | $ | 6,335,666 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 8,338,475 |  |  | $ | 2,339,834 |  |  | $ | (764,212 | ) |  | $ | 9,914,097 |
Non-current liabilities |  | $ | 140 |  |  | $ | 246,787 |  |  | $ | — |  |  | $ | 246,927 |
December 31, 2022 |  | USA |  | Switzerland |  | Elimination |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | $ | 6,496,354 |  |  | $ | 1,172,889 |  |  | $ | (1,232,653 | ) |  | $ | 6,436,590 |
Non-current assets |  | $ | 11,646,662 |  |  | $ | 650,794 |  |  | $ | (6,184,562 | ) |  | $ | 6,112,894 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 5,967,729 |  |  | $ | 1,716,603 |  |  | $ | (1,232,653 | ) |  | $ | 6,451,679 |
Non-current liabilities |  | $ | — |  |  | $ | 262,388 |  |  | $ | — |  |  | $ | 262,388 |

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